The Big Lithium Short Gets ‘Dangerous' on Lower Supply Outlook [Yahoo! Finance]
Albemarle Corporation (ALB)
Last albemarle corporation earnings: 2/19 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.albemarle.com
Company Research
Source: Yahoo! Finance
(Bloomberg) -- Short bets worth billions against some of the world's largest lithium producers are under threat as a supply glut shows signs of thinning. Most Read from Bloomberg Putin Says Ukraine Deal Requires Security Pledges for Russia Ex-Wall Street Banker Takes On AOC in New York Democratic Primary US House Passes Bill That Would Force TikTok Sale or Ban It United Tells Boeing to Stop Making Its Long Delayed Max 10s Physical Intelligence Is Building a Brain for Robots UBS Group AG and Goldman Sachs Group Inc. have trimmed their 2024 supply estimates by 33% and 26%, respectively, while Morgan Stanley warned about the growing risk of lower inventories in China. The revisions come after lithium prices cratered last year as supply ran ahead of demand, with some producers cutting output. Now, prices of the key material used to power electric vehicles are showing signs of a revival after the rout last year sent stocks spiraling and attracted short sellers. Bets agains
Show less
Read more
Impact Snapshot
Event Time:
ALB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALB alerts
High impacting Albemarle Corporation news events
Weekly update
A roundup of the hottest topics
ALB
News
- Albemarle (ALB) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals AssetsPR Newswire
- Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals AssetsPR Newswire
- On Lithium's Frontier, Miners Are Betting on a Greener Second Act [Yahoo! Finance]Yahoo! Finance
- On Lithium's Frontier, Miners Are Betting on a Greener Second Act [BNN Bloomberg (Canada)]BNN Bloomberg
ALB
Earnings
- 2/14/24 - Beat
ALB
Sec Filings
- 3/28/24 - Form 10-K/A
- 3/26/24 - Form DEFA14A
- 3/26/24 - Form DEF
- ALB's page on the SEC website